Atlanta Fed's Bostic Says December Rate Cut Not Predetermined

Atlanta Federal Reserve President Raphael Bostic said on Nov. 1 that a December interest rate reduction remains undecided, Jin10 reports. Speaking at a Dallas Fed conference, Bostic emphasized each meeting involves live decision-making based on incoming data rather than a preset path. He noted Fed Chair Jerome Powell's clarification during this week's policy meeting—that a December cut is not guaranteed—was appropriate given the range of views in the dot plot projections.